CALGARY, ALBERTA–(Newsfile Corp. – May 29, 2025) – Tenaz Energy Corp. (“Tenaz”, “We”, “Our”, “Us” or the “Company”) (TSX: TNZ) is pleased to announce the results from its annual meeting of shareholders (the “Meeting”) held on May 29, 2025. A total of 10,546,547 Common Shares, representing 37.41% of the Company’s issued and outstanding Common Shares, were represented in person or by proxy at the Meeting.
All of the matters put forward before the shareholders, as set out in the Company’s management information circular dated April 25, 2025, were approved by the shareholders.
Number of Directors: The number of directors to be elected was fixed at 6.
| Votes for | Votes against | ||
| # | % | # | % |
| 6,949,659 | 99.36 | 44,583 | 0.64 |
Election of Directors: Each of the following six nominees were elected as directors of the Company:
| Nominee | Votes for | Votes withheld | ||
| # | % | # | % | |
| Anna Alderson | 6,660,932 | 99.31 | 46,242 | 0.69 |
| John Chambers | 6,661,132 | 99.31 | 46,042 | 0.69 |
| Anthony Marino | 6,706,974 | 100.00 | 200 | 0.00 |
| Marty Proctor | 6,660,932 | 99.31 | 46,242 | 0.69 |
| Varinia Radu | 6,661,132 | 99.31 | 46,042 | 0.69 |
| Mark Rollins | 6,661,847 | 99.32 | 45,327 | 0.68 |
Appointment of Auditor: Deloitte LLP was reappointed as auditor of the Company.
| Votes for | Votes withheld | ||
| # | % | # | % |
| 10,544,747 | 99.98 | 1,800 | 0.02 |
Unallocated Awards: All unallocated awards under the Tenaz Incentive Plan were approved.
| Votes for | Votes against | ||
| # | % | # | % |
| 6,048,334 | 90.18 | 658,840 | 9.82 |
About Tenaz Energy Corp.
Tenaz is an energy company focused on the acquisition and sustainable development of international oil and gas assets. Tenaz is the second largest operator of natural gas assets in the Dutch sector of the North Sea and develops crude oil and natural gas at Leduc-Woodbend in Alberta. Additional information regarding Tenaz is available on SEDAR+ and at www.tenazenergy.com. Tenaz’s Common Shares are listed for trading on the Toronto Stock Exchange under the symbol “TNZ”.
For further information, contact:
Tenaz Energy Corp.
investors@tenazenergy.com
Anthony Marino
President and Chief Executive Officer
Direct: 587 330 1983
Bradley Bennett
Chief Financial Officer
Direct: 587 330 1714
/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253896